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MetroPCS Approves Merger With T-Mobile USA

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  • Description

    FBN's Lauren Simonetti breaks down afternoon market news.

  • Duration 0:53
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Back on the minds in -- -- -- Fox Business -- Wall Street continues to move higher -- better than expected report.

-- hiring in the private sector right now the Dow higher by 46 points.

Investors are also bullish for -- brands that after the company affirmed its guidance for the year that based on sales trends seen last month the maker of Hanes and champion.

Still expects an earnings per share of two dollars.

And sixty cents on the flip side MetroPCS shares are plunging this after announcing a merger would -- -- is Telekom's T-Mobile is now official.

MetroPCS we'll get one and a half billion dollars in cash for four dollars a share going to Telecom -- 74%.

A -- company but even after the murder T-Mobile will still be the fourth largest cellphone company in the US.

And that's the latest from the Fox Business Network giving him -- how to --

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